[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2220 Referred in Senate (RFS)]

<DOC>
117th CONGRESS
  1st Session
                                H. R. 2220


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                           November 15, 2021

 Received; read twice and referred to the Committee on Environment and 
                              Public Works

_______________________________________________________________________

                                 AN ACT


 
   To amend title 40, United States Code, to modify the treatment of 
  certain bargain-price options to purchase at less than fair market 
                     value, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. LIMITATION ON DISCOUNTED PURCHASE OPTIONS.

    Section 585 of title 40, United States Code, is amended by adding 
at the end the following:
    ``(d) Any bargain-price option to purchase at less than fair market 
value contained in any lease agreement entered into on or after January 
1, 2021, pursuant to this section may be exercised only to the extent 
specifically provided for in subsequent appropriation Acts or other 
Acts of Congress.''.

            Passed the House of Representatives November 4, 2021.

            Attest:

                                             CHERYL L. JOHNSON,

                                                                 Clerk.